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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Singapore Airlines plans first bond sale for a decade

Posted on 30 June 2010

From Bloomberg: Singapore Airlines Ltd. plans to sell bonds for the first time in almost a decade, taking advantage of low borrowing costs to tap a S$1 billion ($715 million) medium-term note program it set up in 2003. Singapore Airlines is 55 percent-owned by Temasek Holdings Pte.
The airline will issue S$500 million of 3.22 percent, 10- year notes on or about July 9 to raise money for working capital and expenditure, it said in a filing to the Singapore stock exchange today……………………………………….Full Article: Source

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